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FINANCIAL NEWS
Saudi economic growth revised up to 3.3 percent in 2015
19 Jul 2015
(MENAFN) Saudi Arabia’s economic growth in 2015 was revised upward to 3.3 percent on-year from 2.5 percent, Jadwa Investment said, Saudi Gazette reported.
It also said 2015 annual forecast for oil sector growth is now 1.6 percent, up from our previous forecast of -0.6 percent, Jadwa Investment said in its Quarterly Oil Market Update (Q1 2015).
The fall in oil revenues will lead to a fiscal deficit of USD105.81 billion, or 15.6 percent of GDP in 2015. The current account is also heading for its first deficit since 1998, although it is expected to be at USD23.1 billion.
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BBK discloses its financial results for the half year ended 30th June 2025
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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